Aortech Share Discussion Threads

[bones] 04/12/2018 13:12

Maybe so Andy. However, I do not want to have that debate on this thread though! I was merely responding to Zoro about the bulls being back. I just think the subject matter leaves UK markets in limbo for now.

Turning to AOR, seems a few people made decisions at the weekend to buy or sell Monday morning and now it's back to sleep until the next developments.

[bones] 03/12/2018 21:10

With Brexit about to sink the government, I am not confident of a UK market recovery just yet !!

[zoro9791] 03/12/2018 16:18

Market is about to recover bulls are back. 80p soon

[bones] 03/12/2018 13:23

Looking at the brochure for Guinness AIM EIS:"Investment StrategyInvestment Period: intended that Subscriptions will be fully invested within 12 months. Investments will be held for the EIS three year holding period.Diversification: targeting a portfolio of 10 or more investments.Sector and Stage: investing across a range of sectors, and from early stage to more mature businesses.EIS Relief: Investee Companies must have received EIS Advance Assurance.Exit: AIM-listing facilitates exiting investments. Targeting being fully exited within 4 to 5 years, subject to market conditions.Hopefully, they will be in AOR until at least Summer 2021. If they want their EIS relief status to remain, they will have to be. I am unsure what happens if they sell early at a loss. Would this affect the status of the whole Trust? I guess that is for another thread but at least we have a sticky investor here which was my main point of interest when highlighting this investment by Guinness AIM EIS Trust.

[toffeeman] 03/12/2018 11:52

AIM EIS Investments (I think) require the retail investor to stay invested for three years to secure the tax relief. I see no evidence that the fund must keep the stocks in which invests for the same period, but is able to trade, as long as it is in AIM stocks with EIS creds.

Someone please explain if i am wrong.

[bones] 03/12/2018 10:45

Solid two way trade this morning, over 1% of company's shares. Looks like 90k bought and 60k sold if you follow the delayed timings of the prints and the chart moves.You can see the MM's working it there. They had some big buyers early but did not move the price nor publish the trades (due to size, albeit hardly earth moving!). A few other punters sold out later before any of the bigger buy prints appeared. I question if the sales would have happened if the big buys had been published real time but it enabled the MM's to sucker in the impatient sellers.It's not cricket but possibly is karma?

[bones] 02/12/2018 20:00

Well, whatever the case, I was highlighting that Guiness had bought AOR. As an investment fund, I would be surprised if the investment had been sold already.

[bones] 02/12/2018 19:25

Toffeeman, I would be shocked if an EIS trust can invest in stocks and yet not abide by the EIS rules on its investments. Surely the whole point is to enable plebs to gain access to EIS investments in small doses? The government (HMRC) is not that naive with these schemes.

I assumed that Guinness could only invest in the AOR placing because of AOR’s EIS qualification. Even if not, I am unsure why investors in G would get EIS relief if some of the investments it makes are not EIS qualifying.

[toffeeman] 02/12/2018 00:13

Yes bones, but G can trade AIM stocks without interfering with EIS relief. So they bought at 30 and have made a good turn already.

PS that's how I got into Aor

[zoro9791] 30/11/2018 22:11

I did not push sell/buy button.

[bones] 30/11/2018 15:12

On the off chance, I came across this in the Guinness AIM EIS Investor Report issued earlier in the summer:

”In June we invested in AorTech, a biomaterials and medical device intellectual property (IP) company. The Company is focused on the commercialization of its biomedical polymer technology, components and medical devices. The Company has developed biostable, implantable polymers, including Elast- Eon and ECSil, which are long-term implantable co-polymers. Its Elast-Eon technology is available in a range of mechanical properties. AorTech is a turnround situation led by a CEO who has been responsible for winning an important litigation for shareholders. He has reorganised the Board and senior management and now has bandwidth to build out the company’s core businesses.”

Clearly less than 3% so not on the significant shareholder list, but sticky nonetheless as EIS investments are usually to be held for years to gain the tax benefits.

[bones] 30/11/2018 12:41

MM's will take a max 25k from me online right now (on my platform anyway) at 48.6p. Not interested in that but seems they have buyers or are short of stock for some reason.

[ny boy] 30/11/2018 12:09

Healthy pull back, added recently, should go well over the next few years, I will check back in the spring on progress

[davisc5] 30/11/2018 09:48

Ban the kunt

[zoro9791] 30/11/2018 09:41

Back to 80p no time as I have anticipated. Boom time.

[the stigologist] 30/11/2018 08:45

Or do the opposite of Zero(BrainCells)9791

[langland] 30/11/2018 08:41

Perhaps we should all follow GR from now on!

[greedy rooster] 30/11/2018 08:32

nice start, we'll be 50-55 shortly.

[greedy rooster] 29/11/2018 16:49

And a GELS update....

[bones] 29/11/2018 16:39

Yes GR, hopefully all the weak holders are out now and will stop commenting about Armageddon.We have heard no more about the Scottish Enterprise grant that was mentioned in the fund raise RNS back in May. I wonder how that application is coming along? Would be nice to get a positive announcement there!

[greedy rooster] 29/11/2018 16:31

nice close, all buying today, no piddly sales. Sets up well for continuation tomorrow.